Anticipated Entry Levels for XAG Swing Trade

18 Ağu 2020

Trend: Strong up

Wave:
- Five wave completed; plan to enter in pullback to .382 ret of bullish swing
- First ABC completed with an X count to the upside (preliminary ~ .618 of W); anticipate second ABC (Y)
- .382 ret of bullish swing is in confluence with .786 ext of W-X

Structure:
- .382 ret of bullish swing is in confluence with wave 4 of one degree smaller

Entry plan:
- Limit buy laddering from $23.05 - $22.32

SL:
- Manual
- Closing price on the daily below $22.95

Re-evaluate:
- Daily close above $27.7

18 Ağu 2020

Not

Edit -
SL:
- Manual
- Closing price on the daily below $22.75